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  3. Study Set
    Financial Accounting Study Set 15
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    Exam 3: The Adjusting Process
  5. Question
    What Effect Will This Adjustment Have on the Accounting Records
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What Effect Will This Adjustment Have on the Accounting Records

Question 64

Question 64

Multiple Choice

What effect will this adjustment have on the accounting records? What effect will this adjustment have on the accounting records?   A)  Increase net income B)  Increase revenues reported for the period C)  Decrease liabilities D)  All of these are true.


A) Increase net income
B) Increase revenues reported for the period
C) Decrease liabilities
D) All of these are true.

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